Real Estate Development: No Partners, No Problem 

Filmed October 24, 2017, at the ULI Fall Meeting in Los Angeles.
Should your business mantra be “Go big or go home,” or “Too big not to fail”? In a lively, freewheeling exchange intended to educate emerging entrepreneurs and perhaps amuse mature ones, John McNellis author of the ULI book “Making It in Real Estate,” explores the benefits-and costs-of using other people’s money to fund your development deals versus the freedom-and limitations-of using your own money. Is it better to own 1 percent of a high-rise or 100 percent of a gas station? To go national or stay local? Spoiler alert: You can go broke either way.
Speaker:
* John E. McNellis of McNellis Partners LLC